Working Together

When Property Manager Tom Monaghan was looking for a financing partner to help with a multimillion-dollar envelope replacement project at Fletcher Village, a 98-unit condominium community, resort, and golf club in Brewster, he turned to commercial lender Christopher Walker for guidance and expertise. According to Tom, Chris put their project on solid footing.

“Chris’s approach and efforts on this significant repair and replacement project were very well received here and really paved the way for the association’s board of managers to move forward,” Tom said. “In fact, every aspect of the lending process went smoothly.”

In fact, Tom says he was pleased by the added value that Chris and the team at Abington Bank were able to provide in patiently guiding his relatively new board through what can often be a very stressful experience. “Chris and the team were quick to respond, provided valuable feedback on the process, and were attentive to every detail,” Tom notes. “They crafted a creative proposal at a competitive rate, making the decision to engage Abington Bank as our lender a very easy one.”

Tom says that many of the 17 associations comprising The Villages are looking to upgrade and renovate their facilities in the near future, making additional projects of a similar scale more than likely. Given the solid foundation Chris has built in unlocking this condominium community’s full potential, Tom says he expects the relationship with Chris and his team at Abington bank to grow.

If you’re in the market for specialized financing for your condominium association, call Christopher Walker at 781.792.9034 or email him at cwalker@AbingtonBank.com.

“North Shore Bank has been there for us — a trusted partner right from the start. Their commitment to helping us thrive played an important role in Giblees success. Regardless of the economic climate, North Shore Bank can always be counted on to support our business,” said Alan Gibeley of Giblees.

Giblees premium merchandise is chosen from around the world and features a selection not commonly found in a typical men’s store. Offering high touch, personalized service, Giblees sales associates have extensive fashion training and help customers choose items that best meet their style and budget requirements. It’s therefore not surprising that that the company routinely features in multiple publications and myriad “Best Of” lists.

For more information about Giblees, go to giblees.com.

“North Shore Bank has always been understanding and supportive of our business needs. No matter what the situation, or business cycle, they’ve been there for us,” said Brian Noel of Tool Technology.

With ISO 9001 and AS9100 certifications and an ITAR registration, they have the experience to serve the needs of high-tech, ultra-precision industries, including aerospace, medical, defense, and semiconductor machined parts – specializing in repeat production contract manufacturing, as well as prototype machining to short-run production. For more information on Tool Technology, visit tooltechinc.com.

“In the twenty years that I’ve worked with North Shore Bank, I’ve come to think of the relationship more like a partnership … almost collaborative in nature. They really understand the building process and have always delivered the kind of thoughtful, personalized service that really makes them stand out,” said Brent McKenelley of Bay Development Equipment.

In addition to Bay Property Management, Brent also operates Bay Custom Homes LLC — a company he founded two decades ago.  Offering a wide range of real estate development services, the company employs the latest design technology and green building practices. Bay Custom Homes has built countless residential properties and sub-divisions throughout the North Shore, most recently, the 55-lot subdivision known as Ridgewood Estates (also located in Middleton and financed by NSB).

“In the fast-paced, ever-changing banking industry, our clients have found a true partner in North Shore Bank. NSB not only offers the loan and deposit products that our clients need but delivers them with expert, personalized service,” said Peter Kitsakos of Gemini Property Management.

Gemini Property Management, LLC has provided high quality condominium management services for two generations. Serving a diverse clientele, north of Boston and throughout eastern Massachusetts, the company’s efficient and effective management of resources and assets distinguishes them throughout the property management industry.

For more information about Gemini Management, visit geminipropertymanagement.net.

“From cash management products to equipment and real estate financing, North Shore Bank has been there for us. The support at all levels of the bank has been outstanding – we use a variety of bank products offered by North Shore and there is always someone there to guide us competently and efficiently,” said Chuck Holden of Holden Oil, Inc.

While Holden Oil has changed many times throughout its long history, evolving to meet the expanding needs of the community, it has always maintained the same personal approach. With over 9,000 residential and commercial customers, the company is still known for its stability and the friendly service that has served them so well for the past 90 years. For more information about Holden Oil, visit holdenoil.com.

“Collaboration and community are two of the core values at Serenitee Restaurants and we look for these same attributes in our business partners. Besides assisting with our financial needs, we have consistently been impressed with North Shore Bank’s commitment to the overall betterment of our shared community,” said Mark McDonough of Serenitee Restaurant Group.

Serenitee Restaurant Group is also a fervent believer in giving back to the communities that surround its restaurants. Between donations to local raffles and auctions and their own “Give Back Mondays,” the organization contributes to over a hundred local organizations across the area each year.

For additional information about the Serenitee Restaurant Group, including a complete listing of restaurants, visit sereniteerestaurants.com. You can evenrequest a Serenitee Rewards Card (inset) — allowing you to earn points towards free food every time you dine at one of their restaurants.

“It’s hard enough to manage a large construction project without dealing with unnecessary hurdles along the way. I value the long-term relationship that I’ve developed with Dick Felteau − he makes the banking side of my job easy. It’s great to have a banking relationship where my business is understood and I feel appreciated,” said Gwen Simpkins of Delaporte Development, Inc.

A big reason for Gwen’s success has always been her ability to identify a certain need within a community and then differentiate her projects from the other developments in the area. For instance, seeing a demand for spacious condominiums in the emerging Davis Square area of Somerville, Gwen’s latest project is the construction of seven 2,000 square-foot residential units, along with commercial space on Highland Avenue. Needless to say, North Shore Bank is elated to be along for the ride.

Delaporte Development, Inc. is a twenty-five year old real estate development firm specializing in high end residential construction of single family houses and multi-unit condominiums, renovations and adaptive re-use of industrial buildings into housing. The firm’s work has won historic restoration awards and been featured on PBS television’s “This Old House” as well as in national design magazines.

“We’ve worked with North Shore Bank, and before that, Saugus Bank, for more than twenty-five years. During this time we’ve always found them to be open-minded and very responsive to the needs of our business. For a construction firm, those qualities are invaluable in a lending relationship,” said Kevin Procopio of Procopio Construction.

With the help of North Shore Bank, Procopio Construction recently broke ground in Lynn on a new 30,000 square foot real estate development. Upon completion this project will provide 42 beautifully appointed apartments in the picturesque Saugus River section of the city.

For more information about Procopio Construction, visit procopioconstruction.com.

“We couldn’t be happier with the treatment that we’ve received from North Shore Bank. They embraced our vision right from the very beginning of the project and throughout the process they have been extremely flexible and responsive to our needs,” said Mark Mscisz of Classico, LLC.

Originally built in 2011, within three years of its completion, the developers quickly recognized that demand for the facility was exceeding capacity and that by expanding they could not only increase field space but also offer educational and training programs for coaches and referees. North Shore Bank provided development financing to Classico LLC and MRS Management for both the first and second phases of the construction projects – the most recent consisting of a full-sized turf soccer field and four new all-sport courts.

For more information about Danvers Indoor Sports, visit danversindoorsports.com.

“North Shore Bank has always been extremely responsive to the needs of our business — taking the time to first understand our unique challenges and then providing customized solutions to best address them. Regardless of the complexity, the bank has always been easy to work with, providing the products and services that you would typically expect from a large bank but with the feel of a neighborhood bank,” said Elizabeth Tarpey Kent of Tarpey Insurance Group.

As a fitting postscript, some of Jim’s grandchildren have recently joined Tarpey Insurance.  Needless to say, we look forward to working with this third generation now and well into the future. For more information about the Tarpey Insurance Group, visit tarpeyinsurance.com.